REG - Aura Energy Limited - Issue of Equity

Aura EnergyAnnouncement

14/06/2024 07:15

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RNS Number : 4698S  Aura Energy Limited  14 June 2024

                                                                                                                             14 June 2024
 Aura Energy Limited

("Aura" or the "Company")

 Issue of Equity

 

 

Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that
an Appendix 2A (Application for quotation of securities) has been filed with
the Australian Securities Exchange ("ASX") and is available on the Company's
website: https://auraenergy.com.au/investor-centre/asx-announcements/
(https://auraenergy.com.au/investor-centre/asx-announcements/)

The Company has issued ordinary shares at an exercise price of A$0.052 each
arising from an exercise of listed options ("New Shares").

Application will be made for 5,334,080 New Shares respectively to be admitted
to trading on AIM ("Admission"). It is expected that Admission will become
effective on or around 20 June 2024.

Additionally, following the scale back of applications as announced on 22 May
2024, the Company has made an application to cancel 45 ordinary shares
("Cancellation"). The Cancellation is expected to happen on or around 20 June
2024.

 

Total Voting Rights

Following the issue of the 5,334,080 New Shares and Cancellation of 45
ordinary shares, the total issued share capital of the Company will consist of
760,013,746 ordinary shares of no par value each ("Ordinary Shares"). The
Company does not hold any Ordinary Shares in Treasury. Therefore, the total
current voting rights in the Company following Admission will be 760,013,746
and this figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For Further Information, please contact:

 Andrew Grove                                                                                                      Paul Ryan                                                  SP Angel Corporate Finance LLP

 Managing Director and CEO                                                                                         Morrow Sadali                                              (Nominated Advisor and Broker)

 Aura Energy Limited                                                                                               Investor & Media Relations                                 David Hignell

 info@auraenergy.com.au                                                                                            p.ryan@morrowsodali.com (mailto:p.ryan@morrowsodali.com)   Kasia Brzozowska
 (mailto:info@auraenergy.com.au?subject=Aura%20Energy%20(ASX:AEE)%20-%20Shareholder%20/%20Investor%20Enquiry)

                                                                                                                 +61 409 296 511                                            +44 (0) 203 470 0470

                                                          About Aura Energy (ASX:AEE, AIM:AURA)
                                                          Aura Energy is an Australian-based mineral company with major uranium and
                                                          polymetallic projects in Africa and Europe.

                                                          The Company is focused on developing a uranium mine at the Tiris Uranium
                                                          Project, a major greenfield uranium discovery in Mauritania. The February 2024
                                                          FEED study demonstrated Tiris to be a near-term low-cost 2Mlbs U(3)O(8) p.a
                                                          near term uranium mine with a 17-year mine life with excellent economics and
                                                          optionality to expand to accommodate future resource growth.

                                                          Aura plans to transition from a uranium explorer to a uranium producer to
                                                          capitalise on the rapidly growing demand for nuclear power as the world shifts
                                                          towards a decarbonised energy sector.

                                                          Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden.
                                                          Häggån contains a global-scale 2.5Bt vanadium, sulphate of potash ("SOP")
                                                          and uranium resource. Utilising only 3% of the resource, a 2023 Scoping Study
                                                          outlined a 27-year mine life based on mining 3.5Mtpa.

                                                              @AuraEnergyAEE (https://twitter.com/aee_auraenergy)

 

  https://www.linkedin.com/company/aura-energy-limited
                                                          (https://www.linkedin.com/company/aura-energy-limited)

 
                                                            Subscribe for Investor Updates (https://www.auraenergy.com.au/#subscribe)

 

(https://www.auraenergy.com.au/#subscribe)

 

 

   https://www.linkedin.com/company/aura-energy-limited
 (https://www.linkedin.com/company/aura-energy-limited)

 

 
   Subscribe for Investor Updates (https://www.auraenergy.com.au/#subscribe)

 

 

(https://www.auraenergy.com.au/#subscribe)

 

 

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